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SAP C-THR88-2411 exam
  • Exam Code: C-THR88-2411
  • Exam Name: SAP Certified Associate - Implementation Consultant - SAP SuccessFactors Learning
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
Gabrielle Reneau, CFA, and Jack Belanger specialize in options strategies at the brokerage firm of Damon and Damon. They employ fairly sophisticated strategies to construct positions with limited risk, to profit from future volatility estimates, and to exploit arbitrage opportunities. Damon and Damon also provide advice to outside portfolio managers on the appropriate use of options strategies. Damon and Damon prefer to use, and recommend, options written on widely traded indices such as the S&P 500 due to their higher liquidity. However, they also use options written on individual stocks when the investor has a position in the underlying stock or when mispricing and/or trading depth exists.
In order to trade in the one-year maturity puts and calls for the S&P 500 stock index, Reneau and Belanger contact the chief economists at Damon and Damon, Mark Blair and Fran Robinson. Blair recently joined Damon and Damon after a successful stint at a London investment bank. Robinson has been with Damon and Damon for the past ten years and has a considerable record of success in forecasting macroeconomic activity. In his forecasts for the U.S. economy over the next year, Blair is quite bullish, for both the U.S.
economy and the S&P 500 stock index. Blair believes that the U.S. economy will grow at 2% more than expected over the next year. He also states that labor productivity will be higher than expected, given increased productivity through the use of technological advances. He expects that these technological advances will result in higher earnings for U.S. firms over the next year and over the long run.
Reneau believes that the best S&P 500 option strategy to exploit Blair's forecast involves two options of the same maturity, one with a low exercise price, and the other with a high exercise price. The beginning stock price is usually below the two option strike prices. She states that the benefit of this strategy is that the maximum loss is limited to the difference between the two option prices.
Belanger is unsure that Blair's forecast is correct. He states that his own reading of the economy is for a continued holding pattern of low growth, with a similar projection for the stock market as a whole. He states that Damon and Damon may want to pursue an options strategy where a put and call of the same maturity and same exercise price are purchased. He asserts that such a strategy would have losses limited to the total cost of the two options.
Reneau and Belanger are also currently examining various positions in the options of Brendan Industries.
Brendan Industries is a large-cap manufacturing firm with headquarters in the midwestern United States.
The firm has both puts and calls sold on the Chicago Board Options Exchange. Their options have good liquidity for the near money puts and calls and for those puts and calls with maturities less than four months. Reneau believes that Brendan Industries will benefit from the economic expansion forecasted by Mark Blair, the Damon and Damon economist. She decides that the best option strategy to exploit these expectations is for her to pursue the same strategy she has delineated for the market as a whole.
Shares of Brendan Industries are currently trading at $38. The following are the prices for their exchange- traded options.

As a mature firm in a mature industry, Brendan Industries stock has historically had low volatility. However, Belanger's analysis indicates that with a lawsuit pending against Brendan Industries, the volatility of the stock price over the next 60 days is greater by several orders of magnitude than the implied volatility of the options. He believes that Damon and Damon should attempt to exploit this projected increase in Brendan Industries1 volatility by using an options strategy where a put and call of the same maturity and same exercise price are utilized. He advocates using the least expensive strategy possible.
During their discussions, Reneau cites a counter example to Brendan Industries from last year. She recalls that Nano Networks, a technology firm, had a stock price that stayed fairly stable despite expectations to the contrary. In this case, she utilized an options strategy where three different calls were used. Profits were earned on the strategy because Nano Networks' stock price stayed fairly stable. Even if the stock price had become volatile, losses would have been limited.
Later that week, Reneau and Belanger discuss various credit option strategies during a lunch time presentation to Damon and Damon client portfolio managers. During their discussion, Reneau describes a credit option strategy that pays the holder a fixed sum, which is agreed upon when the option is written, and occurs in the event that an issue or issuer goes into default. Reneau declares that this strategy can take the form of either puts or calls. Belanger states that this strategy is known as either a credit spread call option strategy or a credit spread put option strategy.
Reneau and Belanger continue by discussing the benefits of using credit options. Reneau mentions that credit options written on an underlying asset will protect against declines in asset valuation. Belanger says that credit spread options protect against adverse movements of the credit spread over a referenced benchmark.
Regarding their comments concerning the benefits of using credit options, are Reneau and Belanger correct or incorrect?
A. Both are correct -OR- both are incorrect.
B. Only Reneau is correct.
C. Only Belanger is correct.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Reneau and Beianger are both correct. Credit options written on an underlying asset directly protect against declines in the value of the asset. Credit spread options protect against adverse movements of the credit spread over a referenced benchmark, such as a Treasury security. (Study Session 10, LOS 31.f

NEW QUESTION: 2
Which five protocols are supported by Data ONTAP 8.1 Cluster-Mode or later? (Choose five)
A. FC
B. FCIP
C. FCoE
D. CIFS
E. iFCP
F. iSCSI
G. NFS
Answer: A,C,D,F,G
Explanation:
http://webobjects.cdw.com/webobjects/media/pdf/netapp/clustered-data-ontapintroduction.pdf?cm_sp=NAPShowcase-_-Cat7Link3-_-Clustered+Data+ONTAP+Intro (Page 4, Topic 1.2)

NEW QUESTION: 3
Which resource can be used to gather average performance data of the secondary backup target?
A. HP Performance Assessment Tool
B. HP Read Data
C. HP Media Operations
D. HP Library and Tape Tools
Answer: D

NEW QUESTION: 4
Scenario:
You work as Junior Network Engineer for RADO Network Ltd company. Your colleague has set up a Layer 2 network for testing purpose in one of your client locations. You must verify the configuration and fix if any issues identified as per customer requirements.
Topology Details
- Three switches (SVV1. SW2, and SW3) are connected using Ethernet link as shown in the topology diagram.
- Server1 and PC1 are connected to SW1 and are assigned to VLAN 500 and VLAN 600 respectively.
- Server2 and PC2 are connected to SW2 and are assigned to VLAN 500 and VLAN 600 respectively.
- PC3 is connected to SW3 and assigned to VLAN 600.
Customer requirements
- Verify if switch ports are assigned in correct VLANs as per topology
diagram Identify and fix any misconfigurations found in three switches.
- Verify if trunk links are operational between switches and the IEEE
802.1 q trunk encapsulation method is used Identrfy and fix if any
misconfigurations are found in the trunk configuration
- You must make sure the ports connected between switches are set as
trunk ports.
Special Note: To gain the maximum number you must make sure that VLANs are assigned to switch ports as per customer requirements and make sure the trunk links are operational between switches Do not change VLAN names and VLAN number that are already configured in the switches


Answer:
Explanation:
Switch 1 port E0/1 WAS CONNECTED TO A COMPUTER WITH A STRAIGHT THROUGH
CABLE AND AS WELL AS ROLLOVER CABLE (FOR CONFIGURATION OF SWITCH
PORTS ON THIS SWITCH) WHICH WAS SHOWN IN VLAN 600 IN THE DIAGRAM BUT
ACTUALLY THAT PC WAS NOT IN VLAN 600 AFTER CHECKING THE VLAN
CONFIGURATION USING SHOW VLAN COMMAND. INSTEAD THIS PORT WAS
CONFIGURED IN VLAN 1. SO WE NEEDED TO PUT THAT PC IN VAN 600 USING
FOLLOWING COMMANDS:
SW1(CONFIG)# INTERFACE E0/0
SW1(CONFIGIF)#
SWITCHPORT MODE ACCESS
SW1(CONFIG-IF)#SWITCHPORT ACCESS VLAN 600
NOW THE E0/0-PORT OF THIS SWITCH-SW1 WAS RECEIVING NATIVE VLAN
MISMATCH FROM SW3 SWITCH-PORT E0/1. ALSO E0/0 OF SW1 AND E0/1 OF SW3
WERE NOT IN TRUNKING MODE. AND THE QUESTION WAS ASKED TO MAKE SURE
THAT CONNECTION BETWEEN BOTH SWITCHES SHOULD BE IN TRUNKING MODE
WITH 802.1Q ENCAPSULATION ENABLED SO USED THE BELOW COMMANDS:
SW1(CONFIG)#INT E0/0
SW1(CONFIG-IF)#SWITCHPORT TRUNK ENCAPSULATIONDOT1Q
SW1(CONFIG-IF)# SWITCHPORT MODE TRUNK.
ON OTHER SWITCH WHICH IS SWITCH3
SW3(CONFIG)#INT E0/0
SW3(CONFIG-IF)#SWITCHPORT TRUNK ENCAPSULATIONDOT1Q
SW3(CONFIG-IF)# SWITCHPORT MODE TRUNK.
SW3(CONFIG-IF)#
SWITCHPORT TRUNK NATIVE VLAN 1
ALSO PORT E0/2 OF SW3 WAS CONNECTED TO SERVER AND IN VLAN 600 AND
PORT E0/3 WAS ASSIGNED TO VLAN 500 AND TO A COMPUTER AGAIN IN VLAN 500
ITSELF. SO THAT COMPUTER HAD A CONSOLE CABLE CONNECTED TO SW3 AS
WELL IN ORDER TO CONFIGURE SW3 PORTS AS TRUNK PORTS AND
SWITCHPORTS USING THE ABOVE STEPS FOR SW1 WHICH WAS MENTIONED
ABOVE.
SIMILARLY SW2 PORT E0/1 PORT WAS CONNECTED TO E0/4 PORT OF SW3 SO
AGAIN TRUNK LINK CONFIGURATIONS BETWEEN E0/1 AND E0/4 PORTS BETWEEN
TWO SWITCHES NEED TO EB DONE HERE. BUT YOU NEDD NOT TO AGAIN RUN
THAT NATIVE VLAN COMMAND CHANGE ON SW3 OR SW2 SINCE ON SW3 WE
AKREADY CHANGED IN ABOVE STEP AND IN SW2 ITS FINE IN VLAN 1 ONLY.
A COMPUTER WAS CONNECTED TO PORT E0/2 OF SW2 AND WAS IN VLAN 600
AND E0/3 WAS CONNECTED TIO SERVER WHCH WAS IN VLAN 600 AGAIN. ALSO
AGAIN THIS TIME THE COMPUTER WAS CONNECTED TO THE SWITCH USING A
CONSOLE CABLE ASWELL TO GIVE YOU CONSOLE ACCESS TO CONFIGURE AND
VERIFY THE CONFIGURATIONS ON SW2. SO JUST VERIFY THE ACCESS PORTS
ARE CORRECTLY ASSIGNED AND TRUNK PORTS AS WELL USING BELOW
COMMANDS.

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